COST
Costco Wholesale Corporation (COST)
Last Price$930.5(0.4%)
Market Cap$413.8B
$264.1B
+6.1% YoY
$7,621.0M
+12.2% YoY
($10.9B)
Net Debt to FCF - (1.6x)
$6,925.0M
2.6% margin

COST Income Statement

COST Income Statement Overview

Annual
Quarterly
LTM
Aug'15
Aug'16
Sep'17
Sep'18
Sep'19
Aug'20
Aug'21
Aug'22
Sep'23
Sep'24
$254.5B 5.0% YoY
$32.1B 8.0% YoY
12.6% margin
Cost of revenue
$222.4B 4.6% YoY
Operating income
$9,285.0M 14.4% YoY
3.6% margin
Other: $26.0M
Net interest: $429.0M
Operating expenses
$22.8B 5.7% YoY
Pre-tax income
$9,740.0M 14.8% YoY
3.8% margin
Net income
$7,367.0M 17.1% YoY
2.9% margin
Income tax
$2,373.0M
24.4% tax rate
SG&A
$22.8B 5.7% YoY
9.0% of revenue

COST Income statement key metrics

Annual
Quarterly
LTM

Revenue

$254.5B +5.0% YoY

Operating Income

$9.3B +14.4% YoY

Net Income

$7.4B +17.1% YoY

COST Balance Sheet

COST Balance Sheet Overview

Annual
Quarterly
LTM
Aug'15
Aug'16
Sep'17
Sep'18
Sep'19
Aug'20
Aug'21
Aug'22
Sep'23
Sep'24
Assets
Liabilities
Total assets
$69.8B
Current assets ($34.2B, 49.0% of total)
$11.1B (16.0%)
$2,721.0M (3.9%)
Other current assets
$20.4B (29.2%)
Non-current assets ($35.6B, 51.0% of total)
Other non-current assets
$3,936.0M (5.6%)
Financial position
($2,872.0M)
$11.1B$8,272.0M
Cash & Short-term Investments
Total Debt

COST Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$69.8B +1.2% YoY

Liabilities

$46.2B +5.2% YoY

Shareholder's Equity

$23.6B -5.7% YoY

COST Cash Flow Statement

COST Cash Flow Statement Overview

Annual
Quarterly
LTM
Aug'15
Aug'16
Sep'17
Sep'18
Sep'19
Aug'20
Aug'21
Aug'22
Sep'23
Sep'24
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$13.7B$11.3B($4,409.0M)($10.8B)$40.0M$9,906.0M

COST Cash Flow Statement key metrics

Annual
Quarterly
LTM

Capital Expenditure (CAPEX)

($4,710.0M) +9.0% YoY

Free Cash Flow (FCF)

$6,629.0M -1.7% YoY

COST Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Aug'05Sep'06Sep'07Aug'08Aug'09Aug'10Aug'11Sep'12Sep'13Aug'14Aug'15Aug'16Sep'17Sep'18Sep'19Aug'20Aug'21Aug'22Sep'23Sep'24
% growth
52,935.2
10.0%
60,151.2
13.6%
64,400.2
7.1%
72,483.0
12.6%
71,422.0
(1.5%)
77,946.0
9.1%
88,915.0
14.1%
99,137.0
11.5%
105,156.0
6.1%
112,640.0
7.1%
116,199.0
3.2%
118,719.0
2.2%
129,025.0
8.7%
141,576.0
9.7%
152,703.0
7.9%
166,761.0
9.2%
195,929.0
17.5%
226,954.0
15.8%
242,290.0
6.8%
254,453.0
5.0%
Cost of Goods Sold (COGS)46,347.052,745.556,449.763,502.862,335.067,995.077,739.086,823.091,948.098,458.0101,065.0102,901.0111,882.0123,152.0132,886.0144,939.0170,684.0199,382.0212,586.0222,358.0
% margin
6,588.3
12.4%
7,405.7
12.3%
7,950.5
12.3%
8,980.3
12.4%
9,087.0
12.7%
9,951.0
12.8%
11,176.0
12.6%
12,314.0
12.4%
13,208.0
12.6%
14,182.0
12.6%
15,134.0
13.0%
15,818.0
13.3%
17,143.0
13.3%
18,424.0
13.0%
19,817.0
13.0%
21,822.0
13.1%
25,245.0
12.9%
27,572.0
12.1%
29,704.0
12.3%
32,095.0
12.6%
Operating Expenses5,114.05,774.66,341.97,011.47,293.07,874.08,737.09,555.010,155.010,962.011,510.012,146.013,032.013,944.015,080.016,387.018,537.019,779.021,590.022,810.0
Research & Development Expenses (R&D)0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Selling, General & Administrative Expenses (SG&A)5,114.05,774.66,328.37,011.27,293.07,840.08,682.09,518.010,104.010,899.011,445.012,068.012,950.013,876.014,994.016,332.018,461.019,779.021,590.022,810.0
1,474.3
2.8%
1,625.6
2.7%
1,608.6
2.5%
1,968.8
2.7%
1,777.0
2.5%
2,077.0
2.7%
2,439.0
2.7%
2,759.0
2.8%
3,053.0
2.9%
3,220.0
2.9%
3,624.0
3.1%
3,672.0
3.1%
4,111.0
3.2%
4,480.0
3.2%
4,737.0
3.1%
5,435.0
3.3%
6,708.0
3.4%
7,793.0
3.4%
8,114.0
3.3%
9,285.0
3.6%
Interest Income0.00.00.096.045.088.060.0103.097.090.0104.080.062.0121.0178.092.0143.0205.0533.0598.0
Interest Expense0.00.00.0103.0108.0111.0116.095.099.0113.0124.0133.0134.0159.0150.0160.0171.0158.0160.0169.0
Pre-tax Income1,549.01,751.41,710.01,999.01,714.02,054.02,383.02,767.03,051.03,197.03,604.03,619.04,039.04,442.04,765.05,367.06,680.07,840.08,487.09,740.0
% effective tax rate
485.9
31.4%
648.2
37.0%
627.2
36.7%
716.2
35.8%
628.0
36.6%
731.0
35.6%
841.0
35.3%
1,000.0
36.1%
990.0
32.4%
1,109.0
34.7%
1,195.0
33.2%
1,243.0
34.3%
1,325.0
32.8%
1,263.0
28.4%
1,061.0
22.3%
1,308.0
24.4%
1,601.0
24.0%
1,925.0
24.6%
2,195.0
25.9%
2,373.0
24.4%
% margin
1,063.1
2.0%
1,103.2
1.8%
1,082.8
1.7%
1,283.0
1.8%
1,086.0
1.5%
1,303.0
1.7%
1,462.0
1.6%
1,709.0
1.7%
2,039.0
1.9%
2,058.0
1.8%
2,377.0
2.0%
2,350.0
2.0%
2,679.0
2.1%
3,134.0
2.2%
3,659.0
2.4%
4,002.0
2.4%
5,007.0
2.6%
5,844.0
2.6%
6,292.0
2.6%
7,367.0
2.9%
EPS2.242.352.422.952.502.973.353.944.684.695.415.366.117.158.329.0511.3013.1714.1816.60
Diluted EPS2.182.302.372.892.472.923.303.894.634.655.375.336.087.098.269.0211.2713.1414.1616.56
% margin
1,952.2
3.7%
2,279.3
3.8%
2,175.0
3.4%
2,712.6
3.7%
2,505.0
3.5%
2,895.0
3.7%
3,335.0
3.8%
3,756.0
3.8%
4,096.0
3.9%
4,339.0
3.9%
4,855.0
4.2%
5,007.0
4.2%
5,543.0
4.3%
6,038.0
4.3%
6,407.0
4.2%
7,366.0
4.4%
8,918.0
4.6%
10,275.0
4.5%
11,136.0
4.6%
12,146.0
4.8%